20, FERRERS WAY, RIPLEY, DE5 3GZ - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 FERRERS WAY is a very small detached house of 59m², built sometime between 1976 and 1982, which could now be worth an estimated £266,692. It was last sold for £220,000 in September 2021, which was around 22% below the average September 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

20 FERRERS WAY Sold Prices

Land registry data shows three sales for 20 FERRERS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 20 FERRERS WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 14 SEP	£220,000	£280,376	22% below HPI
2016 28 OCT	£145,000	£227,564	36% below HPI
2001 25 MAY	£68,000	£91,341	26% below HPI

20 FERRERS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 20 FERRERS WAY sales between May 2001 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2016 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 20 FERRERS WAY be worth now?

20 FERRERS WAY might now be worth an estimated £266,692.

This is based on house price inflation of 21.2%, between September 2021 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.2% inflationary increase is applied to the most recent sale price for 20 FERRERS WAY of £220,000 on 14th September 2021. For the value to have increased from £220,000 to £266,692 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 20 FERRERS WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 20 FERRERS WAY has not materially changed since September 2021.

How Large is 20 FERRERS WAY?

20 FERRERS WAY is 59m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 10% of detached houses houses in Ripley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ripley, and where 20 FERRERS WAY lies on this distribution: 4% of detached houses houses are smaller than 20 FERRERS WAY, and 95% of houses are larger. Note that EPC data is not available for all properties in Ripley.

20 FERRERS WAY: Plot and Title Map

20 FERRERS WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 20 FERRERS WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 20 FERRERS WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 20 FERRERS WAY?

20 FERRERS WAY is located in RIPLEY, in the DE5 postcode district. The below map shows the position of No. 20 on FERRERS WAY.